These stocks all yield more than 3%.Dividend stocks haven't been taking off these days, and that's in part due to high interest rates. When investors can get healthy returns from low-risk, interest-paying assets, the case for buying dividend stocks is naturally less appealing. But the good news for long-term investors is that this means stock prices for some solid dividend stocks are low, and there are some enticing deals available right now.Bristol Myers Squibb (BMY -0.71%), Cisco Systems (CSCO 1.33%), and ...

These drugmakers may not be in perfect health right now, but that shouldn't last much longer.Few pharmaceutical companies are more prominent than Pfizer (PFE 0.91%) and Bristol Myers Squibb (BMY -0.71%). However, their popularity relative to most of their peers hasn't helped them much in the past few years: Both drugmakers have substantially lagged the market. Pfizer and Bristol Myers have had their share of troubles, but there is plenty to like about both stocks, at least for investors with an investment h ...

Bristol Myers Squibb Company (BMY) continues to reel under pressure in 2024 as well.  The struggle does not seem to end for this biotech giant, as it has been facing a few challenges for quite some time now.The stock price of $40.75 on Jul 11 was well below its 50-day moving average of $41.67 and the 200-day moving average of $47.90. While the company is making efforts to expand its business through acquisitions to fill up the decline in revenues due to generic competition for one of the top drugs, investor ...

Bristol Myers Squibb (BMY) closed the latest trading day at $40.75, indicating a -0.9% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.88%. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw a decrease of 1.95%.Shares of the biopharmaceutical company witnessed a loss of 3.04% over the previous month, trailing the performance of the Medical sector with its loss of 1.09% and the S&P 500's gain of 5.11%.The upcoming ...

Market Overview - The S&P 500 increased by 1.69% and the Nasdaq appreciated by 3.29% during the short trading week over the July 4th holiday, indicating a strong start to the second half of 2024 [1] - The Nasdaq has risen 33.07% over the past year, while the S&P has increased by 25.19%, suggesting a robust bull market [1] - The upcoming earnings season, particularly for the "Magnificent Seven" companies, will be crucial for the market's short-term trajectory [1] Federal Reserve Insights - The CME Group projects a 6.7% chance of the first rate cut occurring soon, with a 22.4% chance that rates will remain unchanged at the September FOMC meeting [1] - Historical data indicates that an increase in unemployment by 1% often precedes a recession, raising concerns about the Fed's current stance on interest rates [1] Dividend Harvesting Portfolio Performance - The Dividend Harvesting Portfolio has exceeded $20,000 for the first time, with an account value of $20,003.60, reflecting a return on investment (ROI) of $2,503.60 or 14.31% [1] - The portfolio generated $44.41 in dividend income in the first week of July, increasing the projected annualized dividend income by $13.42 (0.86%) to $1,566.24 [1] - The portfolio has maintained profitability for 34 weeks, with a goal to generate at least $1,650 - $1,675 in forward projected dividend income by the end of summer [1] Dividend Income Breakdown - The portfolio's dividend income is distributed as follows: Equities $446.81 (28.53%), ETFs $371.68 (23.73%), REITs $286.71 (18.31%), CEFs $273.65 (17.47%), BDCs $177.48 (11.33%), and Treasuries $9.89 (0.63%) [4] - In 2022, the portfolio generated $507.80 from 533 dividends, which increased to $978.11 from 660 dividends in 2023 [5] - As of week 27 in 2024, the portfolio has collected $735.33 from 371 dividends, representing 75.33% of the total dividend income generated in 2023 [5] Investment Strategy and Future Outlook - The portfolio aims to mitigate downside risk while generating ongoing dividend income, with capital appreciation as a secondary goal [3] - The strategy includes adding to positions in Bristol-Myers Squibb (BMY) and the Blackstone Secured Lending Fund (BXSL), with BMY yielding 6.05% and BXSL yielding 9.47% [17] - The portfolio is diversified, with no single sector exceeding 20%, allowing for stability in various market conditions [10] Top Holdings and Performance - The top 10 positions in the portfolio represent 31.51% of the total, with an ROI of $962.03 (18.01%) and projected forward dividend income of $491.37 [15] - The largest position remains Altria Group (MO), which constitutes over 4.5% of the portfolio [14] - The portfolio is expected to generate at least $100 in monthly dividend income going forward, with potential for higher amounts in July and October 2024 [6]

As the second half of 2024 unfolds, main Wall Street indices are reaching new highs. The Nasdaq 100 index soared more than 20% year-to-date, and the S&P 500 saw an all-time high with a 16% surge. Meanwhile, the hunt for undervalued breakout stocks intensified among savvy investors.Think of it as a Wall Street plot twist. While market darlings like the Magnificent 7 have been in the spotlight, many undervalued stocks with strong fundamentals are relegated to the bargain bin. These companies, many of them hou ...

After underperforming the benchmark index these stocks offer high dividend yields that are hard to ignore.This has been an amazing year for stocks, with a 12.6% rise in the benchmark S&P 500 index. Fortunately for us value-conscious investors, the latest bull run has been mostly constrained to a handful of stocks at the top.Bristol Myers Squibb (BMY 0.83%), Vici Properties (VICI 0.29%), and AT&T (T 0.21%) are dividend payers in the S&P 500 that haven't kept up with the biggest members of their index. At rec ...

Dividends are payments that companies make to their shareholders out of their profits. These payments usually happen regularly, like every quarter. This means they can offer a reliable income stream and are often seen as a sign that a company is doing well. You typically find dividend stocks in sectors like utilities, real estate, consumer goods, and others.There’s a lot to like about investing in dividend stocks. They provide a way to make money in two ways; you get the regular dividend payments, and you c ...

blackred Most investors by now can appreciate the opportunity that AI represents for society and the economy, and stocks like Nvidia (NVDA), Super Micro Computer (SMCI) and Dell Technologies (DELL) that are leading this revolution have been rewarded with rich valuations. With so many investor eyeballs and fingers on the buy button whenever there are dips in those names, it's hard not to wonder if we are in another sort of bubble. This reminds of the tech bubble in 2000, during which Cisco (CSCO) surpass ...

Thomas Pajot/iStock via Getty Images Introduction As individual investors, we have to take what the market gives us. We don't get to decide when stocks are on sale, whether they are overvalued, or what the macroeconomic and regulatory environment will be. All we can do is assess the current value and what the value of a business might be in the future. Historically, during most time periods, there has been some group of assets that were reasonably undervalued investors could put their money in for a good ...